March 28, 2017
Chatbot Tracker: Uncovering True Customer Intent?
Mom and Pop stores once ruled the retail world in America. Consumers could walk into their local butcher shop and be served their favorite piece of steak for their weekly...
March 28, 2017
Elon Musk’s Neuralink Aims To Augment The Brain To Keep...
Elon Musk has launched another new company, Neuralink, which focuses on developing the capabilities of the brain through technological augmentation so that humans can one day keep up with artificial...
March 28, 2017
Snapcart Raises Additional Funds To Provide Offline Commerce Data In...
Snapcart, a startup helping to provide data regarding offline commerce in Southeast Asia, has raised $3 million in pre-Series A funding. According to TechCrunch, the company raised $1.7 million in...
March 27, 2017
India Restaurant Procurement Startup Lands Pre-Series A
An eProcurement startup in India secured pre-Series A funding, reports Friday (March 24) said. Adurcup raised financing from corporate investors and family offices, according to reports, in what is a...
March 24, 2017
Oracle Retail: Shoppers Value Control In Retail Technologies
A new study from Oracle revealed that consumers are more willing to engage with brands that offer new retail technology if they are able to exert control over their experience....
March 24, 2017
Clarity Money Raises $11M In VC Dollars To Hire, Add...
Clarity Money, the personal finance app, has reportedly raised $11 million in venture capital funding, which it will use to expand its team and offerings. According to a report, RRE...
March 24, 2017
Synechron Launches 14 AI Accelerators For Financial Services Mkt
Synechron, the global financial services consulting and technology company, announced Thursday (March 23) the launch of “Neo,” a set of artificial intelligence (AI)-based tools for the financial services industry. In...
March 24, 2017
SAP Ariba Pulls Bot Hype Into Procurement
B2B FinTech is taking advantage of bot technology across use-cases, from SME banking to accounting. SAP Ariba has just become the latest to add to this trend and is pulling...
March 24, 2017
Compliance As Competitive Advantage
As financial services fraud grows ever more sophisticated, tracking the bad guys must be top of mind across the organization and all levels and departments within the organization. Cheryl Gurz,...
Generative AI’s use in the telecommunications industry is increasing, with 87% of telecom executives seeing its potential to enhance customer relations and experience, but 68% of telecoms also admit they are insufficiently addressing the risks associated with the technology. The latest edition of the “Generative AI Tracker®,” a collaboration with AI-ID, examines why three-quarters of telecoms see a need to do more to combat AI fraudsters, underscoring the tension between innovation and robust security.
Although authorized party fraud accounts for only 37% of FIs’ fraud losses in dollars, these types of attacks are the most likely to impact customer satisfaction and retention — something FIs cannot overlook. PYMNTS Intelligence’s latest 29-page report, “Leveraging AI and ML to Thwart Scammers,” a collaboration with Hawk, contains 8 charts of proprietary data examining the role of ML and AI to help keep fraudsters from getting the upper hand